Altcoins display bullish strength as Bitcoin trades around the $100K zone. Immutable (IMX) appears poised for significant gains with its prevailing post-breakout actions. Crypto analyst JAVON MARKS believes IMX bulls will target $4.91 amid magnified bullish sentiments. That will mean an approximately 255% surge from Immutable's current price. IMX targets robust gains past $4.

EverReach Labs' REVENGE, an innovative co-op PvE shooter, partners with Immutable (IMX) to enhance player-spectator interaction and secure asset ownership, marking a new era in gaming.

Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.

The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase's Base network.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.

Story Highlights The live price of GMT is . GMT price could soar as high as $0.42 in 2025. Stepn price could reach a high of $1.49 by 2030. The crypto space has been cordial to budding projects in the industry. A number of which cater to diverse sectors of the business.

In a series of surprising events, the GMT price began skyrocketing, especially today, as it's up 40%. It's surprising, as the token has been under a major downtrend and consolidation for years.

StepN's Green Metaverse Token formed a God candle on Friday, making it one of the best-performing cryptocurrencies. StepN (GMT) price surged by 50%, reaching an intraday high of $0.2275, its highest level since December 9.

GMT, the native token of Stepn, is making waves in the cryptocurrency realm with its impressive performance. On December 27, 2024, while the overall cryptocurrency market struggles to gain momentum including Bitcoin (BTC), Ethereum (ETH), and XRP, GMT has outperformed all major assets with a significant 55% upside momentum.

In the past 24 hours, three altcoins—CLANKER, PARSIQ (PRQ), and STEPN (GMT)—have shown significant market activity. CLANKER has surged by 60%, reaching a $60 million market cap and attracting attention within the Base ecosystem.

ImmutableX (IMX) has emerged as a prominent solution in the world of NFTs, offering a layer-2 scalability protocol built on Ethereum to improve transaction efficiency and reduce costs. By addressing key limitations such as high gas fees and slow transaction speeds, ImmutableX provides a platform for NFT creators, developers, and marketplaces to thrive.

Story Highlights The live price of the IMX token is The ImmutableX price could hit $3.27 in 2025. With a potential surge, the IMX price could reach $9.77 by 2030. A plethora of virtual currencies and protocols can be found in the ever-changing crypto space.

The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30. Immutable (IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin (WLD) continues to dominate the linear unlocks at $81.53 million.

As the crypto industry experiences lower volumes, here are our top cryptocurrencies to watch this week: HYPE, Horizen and IMX.

King Arthur: Legends Rise arrives on Immutable (IMX), offering players the chance to earn instant Gems. Explore the epic RPG adventure and engage with legendary heroes in this captivating Web3 gaming experience.

The DeFi protocol also launched an in-house perpetuals trading app.

Synthetix exchange relaunches with multi-collateral perpetuals on the Base network. The reboot of Synthetix comes with a new website, relaunch of its exchange, and upcoming launch of Synthetix Leveraged Tokens.

Arena of Faith, a web3 MOBA game, launches its Arena of Faith Quest on Immutable (IMX), offering players the chance to earn Gems and other rewards through engaging gameplay.

The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.

Blockchain gaming is emerging as the next big thing in crypto, and analyst VirtualBacon believes the sector is massively undervalued. While categories like Layer-1 blockchains, AI, and meme coins have seen notable gains, gaming tokens remain at bear market dominance of just 0.4%.

Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded.

Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), offering players exclusive rewards and web3 ownership. Discover interactive lessons, NFTs, and more in this innovative chess platform.

TL;DR Synthetix acquires TLX as part of its strategy to expand its product offerings and strengthen its DeFi ecosystem. Leveraged products in development: the protocol plans to relaunch TLX on the Base network after auditing and optimizing its infrastructure.

Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The post Synthetix Acquires TLX in Token-for-Token Deal appeared first on Cryptonews.

Synthetix said it plans to re-launch all TLX products on Base network after adding parameter improvements.

SUPER remains in bullish territory, backed by strong market sentiment.

Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.

Immutable (IMX) introduces 'Perpetual Rewards' with RavenQuest, enhancing the utility of gems and rewarding consistent player engagement starting January 2025.

Immutable (IMX) introduces a continuous reward system called Gems, aiming to enhance player engagement in Web3 gaming with perpetual rewards and evolving quests.

Adidas and STEPN GO introduce 1,200 limited-edition Ultraboost 5 sneakers, available exclusively to NFT holders.

Adidas and its blockchain partner Stepn announced they will be dropping a collection of 1,200 physical shoes.

Immutable (IMX) and Yield Guild Games (YGG) unite to enhance Web3 gaming, committing $1 million to player rewards. This collaboration aims to foster community-driven engagement and expand gaming opportunities.

GMT recorded notable price gains on its daily chart as altcoins soared on Bitcoin's stability above $96K. While BTC gained 2% over the past day, the altcoin jumped nearly 10% from $0.1977 to $0.2172 daily peak. GMT's upside momentum strengthened as Web3 app STEPN broke two Guinness World Records.

Sydney, Australia, 29th November 2024, Chainwire

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.

Tornado Cash's native token, TORN, skyrocketed by over 380% following a landmark ruling by the U.S. Fifth Circuit Court of Appeals on Nov. 26, 2024.

Immutable AI Labs, a project tracking AI models on the blockchain, is sending out malicious links to a fully spoofed site. Users must avoid connecting their wallet to the fake link, which promises an eligibility check for IMMU tokens.

TL;DR The U.S. Court of Appeals ruled that Tornado Cash's immutable smart contracts are not “property” and cannot be sanctioned by OFAC. The decision is a significant win for privacy-focused technologies, highlighting the limitations of governmental authority over decentralized systems.

Discover the GG: Survivor Quest on Immutable (IMX), offering new rewards and gameplay experiences in Web3 gaming. Launched on Telegram, it introduces unique incentives through OVERTAKE's GameFest.

The decision reverses a lower court ruling and marks a significant win for privacy advocates and blockchain developers seeking legal clarity.

Story Highlights The live price of GMT is . GMT price could soar as high as $0.30 in 2024. Stepn price could reach a high of $1.49 by 2030. The crypto space has been cordial to budding projects in the industry. A number of which cater to diverse sectors of the business.

Immutable has announced a strategic partnership with Altura, a web3 infrastructure platform focused on the gaming industry.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

Immutable (IMX) showcases its impact in Web3 gaming as a Gold Sponsor at the GAM3 Awards 2024, with multiple nominations highlighting its technological advancements.

Immutable has launched Pre-Approved Transactions, enabling seamless in-game blockchain interactions for over 400 games, eliminating the need for external wallet approvals and enhancing the immersive experience of Web3 gaming. The post Immutable Introduces In-Game Signing for Web3 Games appeared first on Cryptonews.

The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.

Immutable (IMX) introduces Pre-Approved Transactions to enhance Web3 gaming by integrating blockchain approvals directly within games, eliminating disruptions and creating seamless experiences for players and developers.